Indiana § 16-22-4-1 Authorization for cumulative building or sinking fund

Indiana Statutes

§ 16-22-4-1 — Authorization for cumulative building or sinking fund

Indiana § 16-22-4-1

Title 16HEALTH

Art. 22COUNTY HOSPITALS

Ch. 4Hospital Sinking Funds

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Bluebook

Ind. Code § 16-22-4-1 (2026).

Text

The county officers may establish a cumulative
building fund under IC 6-1.1-41 or a sinking fund in compliance with
the procedures for establishing a cumulative fund under IC 6-1.1-41 for
the erection of new hospital buildings, the repairing, remodeling, and
enlarging of old hospital buildings, and the equipment of new,
enlarged, and old hospitals owned and operated by the county, a
voluntary nonprofit association, or a nonprofit corporation.
[Pre-1993 Recodification Citation: 16-12-15-1.]

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The county officers may establish a cumulative
building fund under IC 6-1.1-41 or a sinking fund in compliance with
the procedures for establishing a cumulative fund under IC 6-1.1-41 for
the erection of new hospital buildings, the repairing, remodeling, and
enlarging of old hospital buildings, and the equipment of new,
enlarged, and old hospitals owned and operated by the county, a
voluntary nonprofit association, or a nonprofit corporation.
[Pre-1993 Recodification Citation: 16-12-15-1.]